Cash Management Services

Cash Management Services for Businesses in Iowa and Illinois

We know it takes time to manage all the facets of your finances. That’s why we offer you the best products and a commitment to local, personal service. Our professional banking services include:

Remote Deposit Capture

Remote Deposit allows your staff to scan checks received for payment, and electronically transmit the scanned images to the bank for deposit, right from their desktop.

Merchant Credit Card Processing

Credit and debit card processing is essential for doing business today. We’re positioned to provide you the latest technology, products and services. This includes card terminals, software and an app that will process transactions and automatically deposit them into your SENB checking account, as well as a competitive cost proposal and quick turnaround time.

Lockbox Services

Access funds faster and reduce the risk of error by having payments collected at a secure post office box and transported directly to the bank for processing. Lockbox services eliminates the need for employees to handle and deposit incoming checks and helps in lowering your costs.

ACH

Enjoy more flexibility and control by sending and receiving funds with electronic processing. The benefits of ACH include moving funds faster, reducing risk of errors and fraud, eliminating paper costs, and optimizing cash control using fewer resources.

Direct Deposit (ACH)

This is a convenient way to handle payroll, expense reimbursements, bonuses, and commissions.

Sweeps

Excess funds can be swept overnight to either increase balances earning more interest, or reduce loan balances to save money.